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What formula did you use? Remember that Wilder's formula is equivalent to 27
day exponential smoothing, so you will need a lot of data in your chart
before you start to get good readings. To be sure, I would include 100 bars
before comparing values from one formula to another.
Andrew
-----Original Message-----
From: equismetastock@xxxxxxxxxxxxxxx [mailto:equismetastock@xxxxxxxxxxxxxxx]
On Behalf Of Mormax
Sent: Thursday, April 28, 2005 12:30 PM
To: equismetastock@xxxxxxxxxxxxxxx
Subject: [EquisMetaStock Group] RSI does anyone have tried manualy ?
I've tried manualy and the results wasn't the same !
am i doing something wrong ?
I've used the same method that MS uses to calculate de RSI (at least the
method tha's in help).
The results was reasonable, but not identical.
(the results are attached)
What moving average MS uses to calculate RSI ? 'cause i've tried EMA too.
If anyone can help me, i'll be grateful
Thanks,
MORMAX.
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